No one wants to talk about it
We cannot let higher income Sinkies to buy HDB flats. It will add to the demand and deprive lower income Sinkies from the chance of getting one, or they compete with the lower income and lowering their chances for a public flat. It sounds so clever, so logical. How many higher income Sinkies would want to buy a HDB if they could afford the million dollar private properties? No, they must be kept out to protect the lower income Sinkies. No they must be made to spend all their savings on that private property. Prudent, spending within their means and make them spend everything?
And every year they add on something like 20,000 new Sinkies, give them a pink IC and called them citizens. The truth is that they are foreigners who were added into the housing queue and it is okay. While the Sinkie singles and other Sinkies who need a flat would have to give way as the queue is getting longer, bigger demand, because of the so called new Sinkies. And no one want to mention this.
Did they add up to our housing problems? At 4 per family, each year the demand for public housing is 5,000 and over 10 years it is 50,000 units which could have gone to Sinkies. But no. These new Sinkies have priorities over original Sinkies, and original Sinkies can be cut off from the queue for all the good reasons.
The Sinkies are so blessed to have such a caring and considerate govt to think of their housing needs. And want them to live a better quality of life by spending all their money on private properties.